The CBS Exports Radar indicates that circumstances for exports are more favourable in April than they were in February.
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Conditions for exports more favourable in April
Every month, CBS also publishes updates on the circumstances for exports in the Exports Radar. Conditions are largely determined by developments on the main export markets for Dutch domestic products and in the competitive position of the Netherlands. Although the Radar indicators show a strong correlation with export activity, improved circumstances are not necessarily translated into increased export growth.
According to the CBS Exports Radar, circumstances for exports in April are more favourable than in February. This is mainly because the increase in the real effective exchange rate was less substantial. Furthermore, producer confidence in both Germany and the eurozone increased again and Dutch and European manufacturers were less pessimistic about their foreign orders.